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Topic: How do you honestly feel about the recent bitcoin drop? - page 6. (Read 1476 times)

member
Activity: 364
Merit: 46
If you trust the technology you will hold it till the right time comes but if your here just to invest for a short period of time and expecting a big income your in the wrong coin to invest, the best thing you can do if you dont trust this and just want to get some income is to invest on ICO's but it is risky because there are lots of scam ICO's this year.
jr. member
Activity: 192
Merit: 3
We are all know that bitcoin status in crypto market will remain as volatility,so it means that we have no need to worry about the present bitcoin status in the market. But,in my own opinion,bitcoin will rise up and will reach to the peak on this coming before ends of this year 2018,there's so many people can be benefited.
full member
Activity: 952
Merit: 107
If your newbie in trading this drops will bad for you because you only experience the drops and you lose if you sell your bitcoin now then in veterans OP this market drop is good because they can buy more in affordable price so that's investment here like you need to buy more every drops and just hold your btc or alts if they drops or unfortunately you will lose your investment here if you sell already your btc and alts so for me don't be afraid then do invest that really affordable for you to lose
This fall is big risk to newbie because they can be afraid that they may lose everything they invest but fortunately they can buy more volume at lower price to have huge amount to hold instead of selling now to cut losses because for sure price will recovery somehow just believe on the potential of your coin. For me I take this big opportunity to buy some more volume that might help to change the price of bitcoin and wait till it worth better.
sr. member
Activity: 574
Merit: 250
for beginners, it's only natural to feel scared or anxious when the price of bitcoin or altcoin goes down. however you will feel used to when you have joined digital currency for a long time. and you will slowly adapt to all the risks that will occur in the crypto world. now is the right time to buy some bitcoin or altcoin because prices have decreased since the beginning of the year. and crypto prices are very difficult to return to the highest level. so it's perfect if you want to start investing.
full member
Activity: 364
Merit: 101
I'm happy indeed coz I can,buy more bitcoin and this is the righ time to grab this opportunity to bag and hold bitcoin. People in crypto space are very hunger to see the market to recover again. The recent drop of the market was actually absurd.
hero member
Activity: 1330
Merit: 502
Vave.com - Crypto Casino
I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

Of course who wouldn't be worried when the price of bitcoin is going down? Although the drop has stopped already and its seems the price is stable around $6.2k and I'm glad it didn't go below the $6k mark again. Yep, its a good buying point because the price could increased again.

The 6k area is strongly supported by big miners (I think). If we go below 6k it will be pretty bad for market. We could also bounce very quick if that will be the bottom Smiley
newbie
Activity: 42
Merit: 0
Investing in bitcoin is never too late if you want to stay for a long time. But in case of selling, you have to be smart. You need to analyze the market calmly and then act.
full member
Activity: 546
Merit: 100
I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

Was so surpriced at first because i don't have drop experience before.
But after several months and much experience i get, i feel it's okay and patient is the key
newbie
Activity: 42
Merit: 0
If you look at the price chart since bitcoin's inception, you would find that it always kept climbing despite a fall. So. if you are new to this, calm down. It's not the end of the world, mate.
member
Activity: 186
Merit: 10
i  really  did not  feel  anything  because  its price  has  time  that  is  bad  and  it  does  not  mean  that  eveything  is  finished  so  we  just need  to  be  a  little  patient and make  good  analysis what  we  are  buying  and were  we are investing.
newbie
Activity: 28
Merit: 0
Bitcoin market is very volatile, so price drop and rise is not a new thing. It is a good time to buy because researchers are predicting that price of bitcoin may rise by the end of this year.
newbie
Activity: 42
Merit: 0
I have put my trust in Bitcoin and I have kept my patience. There is really no point in panicking.
jr. member
Activity: 182
Merit: 1
You can buy not only Bitcoin. it will be more profitable for you to buy several currencies. The market situation is unsustainable and every day everything can change dramatically.
member
Activity: 756
Merit: 12
I am relatively new on this and was just invited by a friend to join. I sold mine months ago so I really don't have much. I was thinking that I would have been deathly afraid if I had any bitcoin and this happened. I know it isn't the first time so maybe it will be a good time to buy?

Its really sad watching bitcoin price right now. Its more than 80% drop the value from highest price at $20k. Its hard to predict bitcoin price in near future but i do believe bitcoin is good long term investment
member
Activity: 448
Merit: 10
Off course, people are not really happy with the current bearish market wherein it had been a longer time since we have this kind of down trend market. Most of the people are much in favor of the bull market since it could have a positive advantage for the investors where they could gain promising profit. However, make this an opportunity in buying cryptos to the extent that price value are much way lower than the usual market and a big chance of making good profit once bullish market will be in place.
full member
Activity: 331
Merit: 100
yes sometimes we afraid when we hold the cryptocurrencies and the price is going down, we afraid if the price of bitcoin is going down more and more right? but i think if we believe in bitcoin and make a prediction about the future of bitcoin price we can hold the bitcoin until our prediction reached
You should learn to understand price movements so that all the steps you take are successful. if you only buy without any basic knowledge you will fall into ignorance that causes loss. I personally have no fear if someday bitcoin will continue to go down in value or I suffer losses in the long run. I am calm because I have income from the culinary business.
member
Activity: 348
Merit: 10
Yes I noticed that drop as well, but I never got worried now anymore since I learned patience thorough holding assets in my wallet until not safe to trade.

If you understand and have enough knowledge in bitcoin, you feel, nothing. Because that is the movement of bitcoin or cryptocurrency, but this is for sure it will rise in the right time.
member
Activity: 350
Merit: 10
Yes I noticed that drop as well, but I never got worried now anymore since I learned patience thorough holding assets in my wallet until not safe to trade.
full member
Activity: 686
Merit: 104
I think this is a natural thing because bitcoin fluctuates. if the demands on bitcoin rise then the price will go up and if the demands go down the price will also go down. currently bitcoin is dropping, so it can be ascertained that bitcoin is experiencing drastic decreasing demands, or in quotes here many investors are selling.
full member
Activity: 616
Merit: 100
yes sometimes we afraid when we hold the cryptocurrencies and the price is going down, we afraid if the price of bitcoin is going down more and more right? but i think if we believe in bitcoin and make a prediction about the future of bitcoin price we can hold the bitcoin until our prediction reached
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